employment agreements

Why You Should Always Have an Employment Agreement

Getting a new job is exciting! But while you may be relieved to start right away, it’s important that you first secure an employment agreement. An employment agreement is extremely helpful, as it includes the major terms of your employment such as your compensation, the duties of your job, and your benefits. Employment agreements are also imperative, as they inform – and protect – you concerning what is to happen should your employment come to an end and who you are – and are not – allowed to work for once your employment is over. 

Terms to Include

While an employment agreement can house a variety of essential information, there are some that it is important you ensure it touches upon. These items include:

  • The length of the agreement
  • Your salary/compensation
  • Your benefits
  • Your vacation time
  • Your sick time
  • Your other paid time off (PTO)
  • Your job duties
  • Your schedule
  • Any confidentiality agreements
  • Information on termination
  • Information on your severance pay/benefits
  • Any restrictive covenants or non-compete clauses
  • Any trade secret protection

 Additional Terms

You may also want to consider ensuring that it covers the following additional topics:

  • Travel expenses
  • Relocation expenses
  • Reimbursement for professional insurance
  • Dispute resolution means

It is in your best interest to have a trusted individual, such as a qualified attorney look over your employment agreement before your sign it. This is because it’s very possible that you will have to stick with the terms of your agreement, even if you later discover them to be wildly unfair or unreasonable.

Severance Pay

Even when you are just starting a job, it’s important to consider what will happen when it comes to an end. This is something that should be addressed in your employment agreement. It is extremely helpful to negotiate a severance package even before your start working for your employer. Illinois does not require the payment of severance; therefore you will have to negotiate to receive something in your employment agreement or face being left with nothing. 

Since your proposed employment agreement will undoubtedly be written in the interest of your future employer, it’s very important to work with the right employment law attorney. A knowledgeable and experienced Illinois employment attorney can help you to take the proper steps to maximize your compensation, ensure your job security, and set you up for success in your new role – and after it. 

The IL Employment Law Attorneys at ST Legal Group Can Help

If you are looking to begin new employment it is so important to be sure that you have an employment agreement that reflects what is in your best interest and protects you from being taken advantage of. A knowledgeable and experienced Illinois employment law attorney can help you to establish an agreement that you deserve. The qualified attorneys at ST Legal Group can help to protect your employment rights. To learn more, or to schedule a consultation, contact us today!